Toyo Tire Corporation

DB:TYR Stock Report

Market Cap: €2.3b

Toyo Tire Valuation

Is TYR undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

5/6

Valuation Score 5/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of TYR when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Discounted Cash Flow
Simply Wall St
€46.37
Fair Value
68.7% undervalued intrinsic discount
10
Number of Analysts

Below Fair Value: TYR (€14.5) is trading below our estimate of fair value (€46.37)

Significantly Below Fair Value: TYR is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for TYR?

Key metric: As TYR is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for TYR. This is calculated by dividing TYR's market cap by their current earnings.
What is TYR's PE Ratio?
PE Ratio5.2x
EarningsJP¥70.70b
Market CapJP¥365.69b

Price to Earnings Ratio vs Peers

How does TYR's PE Ratio compare to its peers?

The above table shows the PE ratio for TYR vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average19.4x
SHA0 Schaeffler
27.3x68.4%€3.9b
SFQ SAF-Holland
8.6x14.2%€665.5m
HLE HELLA GmbH KGaA
29x12.2%€9.5b
CON Continental
12.8x23.1%€12.8b
TYR Toyo Tire
5.2x-3.4%€365.7b

Price-To-Earnings vs Peers: TYR is good value based on its Price-To-Earnings Ratio (5.2x) compared to the peer average (19.4x).

Price to Earnings Ratio vs Industry

How does TYR's PE Ratio compare vs other companies in the European Auto Components Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
TYR 5.2xIndustry Avg. 9.4xNo. of Companies8PE0816243240+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: TYR is good value based on its Price-To-Earnings Ratio (5.2x) compared to the European Auto Components industry average (9.4x).

Price to Earnings Ratio vs Fair Ratio

What is TYR's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

TYR PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio5.2x
Fair PE Ratio5.5x

Price-To-Earnings vs Fair Ratio: TYR is good value based on its Price-To-Earnings Ratio (5.2x) compared to the estimated Fair Price-To-Earnings Ratio (5.5x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst TYR forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€14.50
€15.36
+5.9%
12.5%€18.83€12.76n/a10
Jan ’26€14.60
€15.36
+5.2%
12.5%€18.83€12.76n/a10
Dec ’25€14.50
€15.30
+5.5%
13.0%€18.87€12.78n/a10
Nov ’25€12.90
€15.32
+18.8%
12.5%€18.98€12.86n/a10
Oct ’25€12.90
€16.15
+25.2%
12.3%€19.59€13.27n/a10
Sep ’25€13.10
€17.82
+36.1%
16.3%€22.36€13.04n/a10
Aug ’25€14.40
€18.31
+27.2%
10.5%€21.00€16.33n/a10
Jul ’25€14.70
€18.40
+25.2%
10.5%€20.96€16.30n/a10
Jun ’25€16.10
€18.41
+14.3%
12.8%€21.14€13.50n/a10
May ’25€17.30
€18.72
+8.2%
12.6%€21.92€14.00n/a10
Apr ’25€16.90
€18.06
+6.9%
10.3%€20.71€14.01n/a10
Mar ’25€16.00
€17.27
+7.9%
11.0%€19.60€14.08n/a10
Feb ’25€15.10
€17.13
+13.4%
11.1%€19.86€14.28n/a10
Jan ’25€14.70
€17.28
+17.6%
13.5%€20.37€12.41€14.6010
Dec ’24€15.20
€16.00
+5.2%
13.4%€19.65€11.97€14.5010
Nov ’24€13.80
€16.35
+18.4%
14.8%€20.16€12.29€12.909
Oct ’24€14.20
€14.90
+4.9%
14.1%€17.69€12.01€12.907
Sep ’24€13.50
€13.47
-0.2%
12.0%€16.62€11.83€13.107
Aug ’24€12.20
€13.47
+10.4%
12.0%€16.62€11.83€14.407
Jul ’24€11.80
€12.54
+6.2%
10.4%€14.33€10.42€14.706
Jun ’24€11.00
€12.05
+9.5%
7.4%€13.26€10.61€16.106
May ’24€10.50
€12.14
+15.6%
7.5%€13.61€10.89€17.306
Apr ’24€10.40
€12.48
+20.0%
8.7%€14.68€11.18€16.907
Mar ’24€10.70
€12.25
+14.5%
9.3%€14.70€11.20€16.007
Feb ’24€10.70
€12.58
+17.6%
8.8%€15.10€11.51€15.107
Jan ’24€10.30
€12.85
+24.8%
8.9%€14.48€11.37€14.707
Analyst Price Target
Consensus Narrative from 10 Analysts
€15.43
Fair Value
6.1% undervalued intrinsic discount
10
Number of Analysts

Analyst Forecast: Target price is less than 20% higher than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/10 05:13
End of Day Share Price 2025/01/10 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Toyo Tire Corporation is covered by 22 analysts. 12 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Takafumi MiuraBarclays
Kentaro HosodaBofA Global Research
Arifumi YoshidaCitigroup Inc